A Company Had Office Supplies Costing $50 at 1 July

question 35

Multiple Choice

A company had office supplies costing $50 at 1 July 2015.Purchases during the year amounted to $420 and a stocktake at 30 June 2016 disclosed supplies valued at $90.What is the amount to be debited to supplies expense account at 30 June 2016?

• A) $50
• B) $380
• C) $420
• D) $460

---

Definitions:

Fusiform Face Area

A region of the human brain located in the fusiform gyrus, which is thought to be involved in the recognition of faces.

Temporal Lobe

A region of the cerebral cortex responsible for processing auditory information and is involved in memory and speech.

Feature Detectors

Neurons in the brain that identify specific features of a stimulus, such as shape, angle, or movement.

Bipolar Cells

Neurons in the retina that transmit signals from the photoreceptors to the ganglion cells.